Press release
Sulphur Recovery Technology Market Value to Reach US$ 2,135.0 Mn by 2026
Sulphur recovery is defined as the conversion of hydrogen sulfide to elemental sulphur. Hydrogen sulfide is one of the major by-products of processing high sulphur crude oils and natural gas. Increasing focus on regulations to reduce levels of sulphur in products and lower sulphur emissions has in turn resulted in increase in demand for deployment of sulphur recovery technologies. Sulphur recovery technologies are mainly based on two processes: Claus and Tail Gas Treatment process.
Global sulphur recovery technology market is projected to register a healthy CAGR of 11.5% in terms of value during the forecast period (2016–2026). This is mainly attributed to various factors, regarding which FMI offers detailed insights in its report.
Drivers and Trends
Growth of global sulphur recovery technology market is influenced by a number of factors primarily, increasing oil & gas exploration activities and stringent environmental regulations. Growing number of refineries and gas processing plants have also enhanced the market for sulphur recovery technologies worldwide.
Key trends observed in the global sulphur recovery technology market are increasing partnerships between refineries and fertilizer producers and modifications to enhance sulphur recovery technologies. Along with this, refineries are adopting specialized Tail Gas treatment recovery process to enhance their sulphur recovery yield.
Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1431
By technology, global sulphur recovery technology market has been segmented into Claus Process and Tail Gas Treatment. Tail Gas treatment segment is expected to register a CAGR of 11.7% in terms of value over the forecast period.
On the basis of source of recovery, global sulphur recovery technology market has been segmented into oil, gas, and others. The gas segment is expected to register a CAGR of 11.0% in terms of value over the forecast period. The recovery of sulphur through gas is largest as compared with other sources. This is mainly attributed to increasing demand for gas and rising number of gas processing plants in Middle East and Central Asia.
Key Regions
The global sulphur recovery technology market covers four major regions namely, Americas, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). Middle East & Africa has been estimated to dominate the market with share of 51.8% in 2015, followed by Europe and APAC. Among all the regions, Americas market is anticipated to register the highest CAGR over 2016–2026, followed by APAC.
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-1431
Key Players
Key players in the global sulphur recovery technology market include Chiyoda Corporation, Jacobs Engineering Group Inc., Amec Foster Wheeler, Technip SA, Linde AG, WorleyParsons Ltd., Fluor Corporation, KT – Kinetics Technology SpA, GTC Technology US, LLC, PROSERNAT, and Black & Veatch Holding Company. The aforementioned companies are executing various projects that also include sulphur recovery technology. For example, in 2015 WorleyParsons was awarded a technology deal for sulphur plant project by Bahrain Petroleum Company (BAPCO). The sulphur recovery and associated process technology of WorleyParsons would be deployed for BAPCO’s number 3 sulphur plant to be installed as a part of the Bapco Modernisation Program (BMP).
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sulphur Recovery Technology Market Value to Reach US$ 2,135.0 Mn by 2026 here
News-ID: 477249 • Views: …
More Releases from Future Market Insights
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,…
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry…
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033.
The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable…
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute…
More Releases for Sulphur
Sulphur Bentonite Market In-Depth Analysis on Size, Cost Structure and Prominent …
A new report on sulphur bentonite provides perceptive insights on the chronological growth flight of the market along with the future prospects and present scenario of the market. The report offers an exclusive analysis of the global market and also presents insights on regional and other segments.
Sulphur Bentonite Market: Overview
The report offers a complete summation of the market including an official abstract that draws out the centre examples progressing in…
Elemental Sulphur Based Pesticides Market Competitor Landscape, Growth, Opportun …
This detailed market report focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global elemental sulphur based pesticides market.
Get Sample Copy of This Report @ https://www.quincemarketinsights.com/request-sample-68148?utm_source=OpenPR&utm_medium=SG
According to the report, the elemental sulphur based pesticides market size…
Sulphur Powder Market Precise Outlook 2020- Redstar Developing, NTCS Group., Lin …
The Global Sulphur Powder Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Click the…
Sulphur Market 2025: Top Key Players Ohio Sulphur Mining Company, Freeport Sulph …
Sulphur is found naturally as an element in pure state and as sulfate or sulfide minerals. Sulphur crystals are easily differentiated by mineral collectors for their unique and bright colored polyhedron shapes. Earlier sulfur was extracted majorly from salt domes where it occurs in pure form but now this method has been obsolete owing to the new technologies. Today, majority of sulphur is developed as a byproduct from sulphur containing…
Sulphur Bentonite Market, 2018 Top Services by Tiger-Sul, Aries(Amarak Chemicals …
Sulphur Bentonite Market 2018 Global Industry Research report provides in depth study of using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Sulphur Bentonite Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the…
Research delivers insight into the Sulphur Bentonite Market 2018 : Tiger-Sul Inc …
Qyresearchreports include new market research report “Global Sulphur Bentonite Market Research Report 2018” to its huge collection of research reports.
In the past few years, the global market for Sulphur Bentonite has witness a number of changes. This study is an attempt to understand the impact of these changes on the Sulphur Bentonite market across the world.
Global Sulphur Bentonite market competition by top manufacturers, with production, price, revenue (value) and market…
